The cryptocurrency exchange Xeggex is facing serious issues after users reported unexpected login problems and missing funds. Some traders fear that the platform might have suffered a major security breach that could threaten its operations.
CEO’s Account Compromised, Leading to Access Suspension
According to official reports, the CEO’s account was hacked, leading to a temporary suspension of login access and user funds. However, the company has reassured users that their wallets have been successfully secured to prevent any financial losses.
To counter further attacks and mitigate potential risks, Xeggex disconnected its database from the network. While the exchange’s website remained operational, users were unable to log into their accounts.
User Panic: Missing Balances and Empty Order Books
The incident has caused widespread panic within the community. Many users noticed their balances had disappeared, and order books were completely empty. This has fueled speculation that the problem could be far more severe than initially assumed.
In response to these concerns, Xeggex took its database offline to prevent hackers from further exploiting the platform.
Xeggex Launches Internal Investigation
The company has confirmed that it is conducting a full assessment of the breach, and users will be updated as soon as more details emerge. Blockchain data indicates that no major fund transfers have been recorded, but investigations are ongoing.
Xeggex has assured its users that it is taking all necessary steps to secure wallets and prevent further breaches.
Official Statement from Xeggex
The exchange released the following statement:
"Dear users, we are facing a challenging situation as our CEO has been hacked, losing access to their Telegram account and the Xeggex community group. We are still investigating the full details of this incident. The good news is that we have successfully locked all wallets to keep funds secure."
Additionally, the company stated:
"The login issue persists because we have disconnected the database from the network for security reasons. A thorough internal investigation is underway. As soon as we have a clearer picture of the situation, we will provide further updates."
What’s Next?
Xeggex now faces a critical challenge: restoring user confidence and ensuring the safety of all assets. Users will be eagerly awaiting further updates and the results of the ongoing investigation. Given the sensitivity of the situation, it will be crucial to see how quickly the exchange recovers and what security measures it implements moving forward.
#HackerNews , #HackerAlert , #CyberSecurity , #scam , #hacking
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“